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LATEST REAL ESTATE NEWS

CoStar's People of Note (Jan. 29-Feb. 4)
This week's People of Note includes the following markets: Chicago, Dallas/Fort Worth, Los Angeles, Milwaukee/Madison, New York City, Philadelphia, Pittsburgh, South Florida, Washington, DC. LOS ANGELES Cockrum Joins Lowe Enterprises Investors as SVP By Laurie Forbes Lowe Enterprises Investors hired William M. Cockrum IV as senior vice president to head the company?s marketing and capital raising efforts. He will be based in th

  • GREEN LEAD | Green Building News from CoStar
    GREEN LEAD is a column on environmental and sustainable design and construction, best practices for green building maintenance and operations, economic impact on developers and owners, new LEED and Energy Star building certifications, and trends in the Green Building movement. Send in your Green News Leads to This email address is being protected from spam bots, you need Javascript enabled to view it Latest Research on Green Real Estate Now Available

  • EXCLUSIVE: C-III Capital's Robert Lieber On NAI Global Acquisition and Growth Plans
    Real estate investment firm C-III Capital Partners LLC last week completed its acquisition of Princeton, NJ-based NAI Global. The long-awaited closing came seven months after the transaction was announced in June, leading some to wonder if the deal had fallen by the wayside. But C-III was hardly idle during that time, acquiring three other companies and making a major play for cash-strapped CRE services firm Grubb & Ellis Co. As reported by CoStar...

  • Latest Potential Investor In Grubb & Ellis Emerges From Talks Without Agreement
    A two-week period of exclusive negotiations between Grubb & Ellis Co. and New York-based financial brokerage BGC Partners expired Tuesday without an agreement, according to a document filed with the U.S. Securities and Exchange Commission. Under the previous agreement, Grubb & Ellis provided an exclusive right to negotiate for BGC Partners, headed by chief executive Howard Ludnick, to pursue a debt or equity financing agreement or acquisition of...

  • Warehouse Occupancy Rising, Market Remains Stable and Positive, Still Not at Point for Higher Rents, New Construction
    With the gradual return of economic growth, including higher levels of manufacturing and consumer spending, the vacancy rate for U.S. warehouses continued to decline at the end of 2011 as the property sector was buoyed by its strongest quarter for net absorption since late 2008. The vacancy rate tracked across 210 markets by Property and Portfolio Research (PPR), CoStar?s analytics and forecasting division, declined to 9.6% in the fourth quarter...

    Lenders Find Themselves Paying at the Pump

    Defaults on gas station and C-store mortgages come with sector-specific headaches for banks, not least of which is the prospect of taking title to a property with environmental issues, says Petroleum Capital Advisors’ Donell.



  • Expectations Meet Reality in the Hunt for Yield. Finally

    With too much equity supply, opportunistic investors have begun facing the facts and backing off from their previous aspirations of garnering returns in the mid-teens.



  • 187,000-SF Shopping Center Trades for $31M

    COVINGTON, WA-Clarion Partners buys a 98% occupied shopping center here, with Home Depot as the anchor, in this week’s wrap up of deals.



  • Finding the Deals is the Challenge

    NEWPORT BEACH, CA-Panelists at Beech Street Capital’s networking event say that multifamily financing is widely available and interest rates are low, but it is getting harder and harder to find deals.



  • One Pepsi Way Up for Sale

    SOMERS, NY-The 206-acre, 540,000-square-foot campus, home to Pepsi Bottling Group at least through 2015, is being marketed by Cushman & Wakefield.



     
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